European Union

The European Union is a political and economic union of 27 member states that are located primarily in Europe. Its members have a combined area of 4,233,255.3 km² and an estimated total population of about 447 million.

Source: europa.eu

EU Cautions Members To Lift Lockdowns Gradually
EU Cautions Members To Lift Lockdowns Gradually
April 15, 2020  |  Coronavirus

The European Union’s advice for countries looking to reopen as the coronavirus seems to be slowing is to do so in a controlled, cautious manner,...

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Germany To Reopen Some Shops, Schools Next Week
Germany To Reopen Some Shops, Schools Next Week
April 15, 2020  |  Economy

Germany is planning to allow some shops to reopen next week in the wake of the coronavirus pandemic, according to a Reuters report. Reuters spoke...

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Pandemic Set To Further Erode EU Banks’ Profitability
Pandemic Set To Further Erode EU Banks’ Profitability
April 14, 2020  |  Banking

The European Union (EU) has enough liquidity to stay afloat during COVID-19, but profitability could sink as the pandemic worsens, according to the European Banking...

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EU Eyes Half-Trillion Euro COVID-19 Stimulus Package 
EU Eyes Half-Trillion Euro COVID-19 Stimulus Package 
April 07, 2020  |  Coronavirus

Eurozone leaders are negotiating a deal that could deliver a half trillion euros in economic aid to help European Union countries recover from the coronavirus...

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UK Expands Non-Payment Protection For Exporters
UK Expands Non-Payment Protection For Exporters
April 03, 2020  |  B2B Payments

To protect exporters from the risk of not receiving payment if clients can’t pay their debts, the U.K. is growing the purview of its export...

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UK Tech Lobby Warns Coronavirus Could Wipe Out Startups
UK Tech Lobby Warns Coronavirus Could Wipe Out Startups
April 03, 2020  |  Coronavirus

The U.K. tech lobby is reasserting the need to help EU startups with funding as venture capital money dries up in the wake of the...

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European Court Ruling Could Crimp Airbnb Rentals
European Court Ruling Could Crimp Airbnb Rentals
April 02, 2020  |  Legal

A European court ruling could put a crimp in Airbnb’s home- and apartment-sharing business on the continent. The major case is part of the ongoing...

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US Retailers Confront Data Privacy Shifts
US Retailers Confront Data Privacy Shifts
March 27, 2020  |  Regulation

While the advancement of open banking regulations may be seeing a small skip due to the spread of the coronavirus, many countries saw business and...

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EU Encourages Contactless Payments To Reduce Coronavirus Risk
EU Encourages Contactless Payments To Reduce Coronavirus Risk
March 25, 2020  |  Payment Methods

The European Union financial watchdog said that payment companies should use more contactless payments to help curb the spread of the coronavirus, according to a...

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